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Looking at all adults 50 [and older], more than 9 million are still paying off federal student loan debt.” And of course, he said — pay off the mortgage if you still have one.
If you believe variety is the spice of life, then this may be how you design your work life after age 50. Stepping off the treadmill doesn’t have to mean retiring.
“A portfolio with an 8% annual return will double about every nine years. A 50-year-old with $200,000 saved for retirement might see that value quadruple to $800,000 by age 68 without additional ...
Here’s 5 ways middle-class Americans can still become rich once they’ve entered their golden years For most of your life, your key financial goal is saving for retirement .
3. Use “good” debt. It can be really valuable to take on “good” debt, however. Good debt is low-cost financing for a productive, long-lived asset such as a house.A house tends to ...
Get a job at Costco at a young age, work hard for 30 years climbing the ladder and take full advantage of their 401k, retire a millionaire. Image credits: sws1875 #40
In addition to being around other people, small celebrations and friendships that develop at work can be meaningful parts of a social life in later years. Related: Job-Hunting Tips for Workers Over 50
Many people dream of becoming rich and watching their financial troubles disappear. This is just as true now as it was 100 years ago -- even if the way people go about it has changed. Maximize Your...